NOT LISTED FOR SALE

18 Wynkoop Place Kingston, NY 12401

Estimated Value: $168,000 - $468,000

6 Beds
3 Baths
2,552 Sq Ft
$136/Sq Ft Est. Value

Last Sold February 22, 2016

Last sale price $161,000 $63 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,667/month

311 Days on Market

Highlights

  • No HOA
  • Garden
  • Level Lot
  • Kingston High School Rated A-
  • Forced Air Heating System
  • 1-minute walk to Meagher School Playground

About This Home

As of February 2016

Attention investors – shake your money maker! 12% CAP Rate!! This Kingston City 3 family is conveniently located to shopping, hospitals, the Rondout and everything that Kingston has to offer! Property consist of 2 one bedroom apartments, and 1 three bedroom apartment. Fully rented with separate utilities. Great investment opportunity, won’t last long, call for an appointment today!

Last Agent to Sell the Property

Mary Orapello

Howard Hanna Rand Realty License #30OR0910113 Listed on: 04/08/2015

Howard Hanna Rand Realty

Last Buyer's Agent

Jennifer Mangione

Grist Mill Real Estate License #10491209544

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,343

Year Built

  • Built in 1885

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 65x149
  • Level Lot
  • Garden

Parking

  • Driveway

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House
  • Range

Location

  • City Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for taxes
  • Legal Lot and Block 55 / 1

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,600
  • New Taxes Expense $5,397
  • Net Operating Income $23,103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,343

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Year Built: 1885
  • Property Sub-Type: Triplex
  • Lot Size Acres: 0.22
  • Co List Office Phone: 845-338-5252
  • MLS Status: Closed
  • Master Plan Zoning: R2
  • Location Tax and Legal:Tax Block: 1
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Dimensions: 65x149
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 5397.0
  • Income And Expenses Cap Rate: 12.0
  • Gross Scheduled Income: 30300.0
  • General Property Information Stories2: 2
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range, Gas Water Heater
  • Basement: Full
  • Flooring: Carpet
  • Stories: 2
  • Full Basement: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Aluminum Siding, Frame
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Lot Features:City Lot: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Garden2: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Features: City Lot, Garden, Level
  • Lot Dimensions: 65x149
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Taxes
  • Tenant Pays: All Utilities

Multi Family

  • Insurance Expense: 1600.0
  • Net Operating Income: 23103.0

Tax Info

  • New Taxes Expense: 5397.0
  • Tax Block: 1
  • Tax Lot: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2015
Closed on
Feb 22, 2016
Sold by
Ackett Scott and Ackert Cynthia
Bought by
4 Acre Properties Llc
Seller's Agent
Mary Orapello
Howard Hanna Rand Realty
Buyer's Agent
Jennifer Mangione
Grist Mill Real Estate
List Price
$189,900
Sold Price
$161,000
Premium/Discount to List
-$28,900
-15.22%
Current Estimated Value
$346,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,555
Avg. Annual Appreciation
8.33%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
4 Acre Properties Llc $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ackert Scott $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2016 02/22/16 Sold $161,000 -15.2% $63 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
04/07/2015 04/07/15 For Sale $189,900 -- $74 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,343 $175,000 $27,000 $148,000
2023 $9,272 $175,000 $27,000 $148,000
2022 $9,002 $175,000 $27,000 $148,000
2021 $9,002 $175,000 $27,000 $148,000
2020 $6,137 $175,000 $27,000 $148,000
2019 $3,623 $175,000 $27,000 $148,000
2018 $6,305 $167,000 $26,000 $141,000
2017 $5,849 $159,000 $26,000 $133,000
2016 $5,828 $159,000 $26,000 $133,000
2015 -- $150,000 $26,000 $124,000
2014 -- $150,000 $26,000 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20151275

Hudson Valley Catskills Region Multiple List Service

APN: 0800-056.026-0001-055.000-0000